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 The Proof of Concept Fund techstart NI is a pre-commercial grant-awarding fund managed by Pentech Ventures.

 

On a competitive basis it supports entrepreneurs with grants to explore the viability and commercial potential of an innovative concept. The grants are only available for SMEs.

There are different grants available:

  • Concept Grants – up to £10k
  • Concept Plus Grants – up to £25k

The eligible activities covered by the grants include but are not limited to:

  • Concept/prototype development
  • Customer/partner development
  • Market engagement activities
  • Business development
  • Domain expert consultancy & mentoring
  • Assessment of uniqueness of IP
  • Employment costs where a clear output will be delivered

Find out further information on how to apply for techstart NI

The fund does not support proposals based on university proof of concept projects.